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 As per The Business Research Company’s Veterinary Stereotactic Radiosurgery System Global Market Report 2023, The global veterinary stereotactic radiosurgery system market is expected to grow from $2.35 billion in 2022 to $2.69 billion in 2023 at a compound annual growth rate (CAGR) of 14.8%. The market size of veterinary stereotactic radiosurgery system is expected to grow to $4.44 billion in 2027 at a CAGR of 13.3%.

What was the major driver in the veterinary stereotactic radiosurgery system market?
The growing pet population is likely to drive the veterinary stereotactic radiosurgery system market forward. A pet is an animal that is kept in the home for entertainment and company. The veterinary stereotactic radiosurgery system is used to treat tumours in pets of various head sizes and shapes. According to The American Veterinary Medical group, a US-based not-for-profit group representing veterinarians in the US, 45% of households owned dogs in 2020, according to the survey titled ‘The Market for Pet Owners’ of over 2,000 pet owners in the USA in October 2020. In 2019, between 83.7 million and 88.9 million dogs were reported to be kept as pets, with cats accounting for 26% of homes. As a result, the growing pet population is propelling the veterinary stereotactic radiosurgery system market forward.

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What was the key trend in the veterinary stereotactic radiosurgery system market?
Technological developments are a prominent trend that is gaining traction in the market for veterinary stereotactic radiosurgery systems. Major market companies are creating sophisticated technologies in order to maintain their position in the veterinary stereotactic radiosurgery system market. For example, Accuray Incorporated, a radiotherapy system manufacturer based in the United States, will release the CyberKnife S7 system in June 2020, the next iteration of the company’s CyberKnife radiation therapy platform. The robotic radiation therapy system delivers stereotactic radiosurgery (SRS) and stereotactic body radiation therapy (SBRT) treatments in 15 minutes. It treats neurological disorders as well as benign and malignant malignancies all over the body. S7 uses Accuray’s Synchrony motion-synchronization technology to adapt radiation delivery in real-time to patient and/or tumour movement. The system’s unique robotic architecture allows radiation to be delivered from potentially thousands of different angles.

Which was the largest region in the veterinary stereotactic radiosurgery system market?
North America was the largest region in the veterinary stereotactic radiosurgery system market in 2022. The regions covered in the veterinary stereotactic radiosurgery system market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Who are the veterinary stereotactic radiosurgery system market prominent players?
Major players in the veterinary stereotactic radiosurgery system market are PetCure Oncology, Elekta AB, Accuray, Varian Medical Systems, C. R. Bard Inc., Nanovi Radiotherapy A/S, and Ion Beam Applications SA.

Key veterinary stereotactic radiosurgery system market segments
The global veterinary stereotactic radiosurgery system market is segmented –
1) By Product: Microsurgical Instrumentation, Optical or Viewing Instruments, Other Products
2) By Modality: Gamma Knife, Linear Accelerator, Particle Beam Radiation Therapy, Cyber Knife
3) By Application: Canine, Feline, Other Applications
4) By End User: Hospitals, Contract Research Organizations (CROs), Other End Users

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The Veterinary Stereotactic Radiosurgery System Global Market Report 2023  provides a comprehensive overview on the veterinary stereotactic radiosurgery system market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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